₦airaland Forum

Agricmoney:
it’s time the industrial action is called off.



Anyway, Agriculture is life.

Emmizay12:
Bro I now understand why a lot of people cry of liquidation in this group,,, they have not learnt to manage risk,,,
Let's say I have 200usd in my account and I want to trade Ethereum,, I want to long it and I want to risk 20usd only,, ...
where I put my stop loss, notice the bracket "(0.58%)"
This is the calculation:

To remove the percentage of (0.58%) to decimal
i.e
0.58÷100= 0.0058

Then

(Amount I'm risking ÷0.0058)
i.e 20usd ÷ 0.0058= 3,448.28(let's call this contract size)

To get the leverage= contract size ÷ my total trading amount
i.e 3,448.28÷ 200usd= 17.24

Therefore my leverage is 17X on this trade using this entry position to long Ethereum... using 200usd
on isolated marging and risking only 20usd should the trade hit my stoploss..........you can equally use it on other trades when going long or short and get either 2 or 3 risk to reward ratio which is 40usd or 60usd profit respectively

So the leverage used is useless if you have defined your risk using this long prediction tool... It could be 2X, 32X or 50X.....

I wish you happy liquidations.....

cmoney22222:
Again how do the leverage people use on their trade now an issue . Is there a format for using leverage now?

danowena:
Bamboo, is that not a nigerian company? I fear nigerian companies especially when I plan to hold stocks or cryptos for more than 7yrs.

If you yourself decide to open a business today in addition to your regular paying job. Won’t you like people to patronize you? Are you not a Nigerian company?

Hadizometer:
Every other coin is green today...who gives a f**k abt BTC? ...Abeg BTC park well joor...

How fa the every other coin green now that Bitcoin has broken 19k support and flashing red and dipped wotoporiously to 18k 649.51 ?

Geovanni412:
Profit for long term hodlers is virtually non-existent most of the time for ngn stocks. For a stock to be profitable in Nigeria over a 5 yr timeline, it must rise by at least 3x from where you bought it. [/b]I say this , based on calculating inflation at 21 percent for each of the five years. Toh, how many Nigerian stocks do that well for that long? The best way to play Nigerian stocks like one of my ogas told me is to enter quickly and exit within a few months. For ngn banking stocks, within a 2 yr timeline, if you time ya entry right, you can double ya money. Fbnh for instance moved from 3 naira in April 2016 to 14 naira on Jan 2018.
Ngn market, with our inflation right now, favours traders more than hodlers [b]EXCEPT if the person bought okomu oil,ucap, presco, vitafoam or betaglass in 2016 or 2020. In its entirety, there are not more than twelve stocks that have been in an overall uptrend since 2016. All the banking stocks are in some form of range-bound markets. You'd be surprised to know that not even Dangote cement or Dangote flour outperformed okomu oil or any of the companies i listed over these last 6 yrs. Dangote companies also trade in a RANGE. I have attached pics of the chart of some of the companies i listed below.

N/B : Right now is a bad time to buy okomu oil or any of the stocks i listed in the post. The global recession will take its toll on even the best of companies-- so the plan is to wait for any of these listed companies to drop by at least 50 percent then dca from then. NFA. DYOR

As a youth growing up in naija, nothing is surprising anymore. I won’t be shocked at all if by that two years time, God willing, l wake up one morning in that two years time, and one naira equal to 700naira today is sudddenly now 2000naira makes one dollar sef and Lai Muhammad’s or some Government economists & publicists explain it away with a national black swan event or even blame it on galloping inflation due to subsidy removal

Count me out. . Different strokes for different strokes

Born2conquer:
Abeg, I meant 200 $NIO o

My tesla no reach 10, I sold them to buy $jmia at $50 but the stupid jumia is on $7 today, OGUN KEEEEEEE JUMIA

zakkxx:
You cannot fight a spiritual wife or husband by living a life of fornication!! You must be a genuine born again to win the battle! If u have other girls and still sinning! Hmmh! Your own done finish! Repent truly and see my God in action!!

Spot on . . Giving deeper life vibes, tho

Geovanni412:
Believing in crypto and eating a loss of at least 50 percent are two different things. I believe btc is not going anywhere anytime soon- I just don't believe in eating unnecessary losses in an economic situation that will only get worse with the energy crisis caused by Russia plus worsening inflation levels in the USA and the EU nations.
A lot of people claim to be investors but when this type of loss (50-80 percent drop) happens, they will be the first to blame whoever suggested they invest in coin A or B - those are the people I am addressing with my statement about waiting till q2 2023 to consider DCA.
Finally, I totally agree with you that some altcoins will never ever return after this mini-depression is over. It happened in the tech bubble - history always has a way of repeating itself.

Geovanni412:
It is very dangerous to DCA right now sef. The last time we had a major tech bubble in the 2000's, amazon lost over 95 percent of it's value. It dropped from 5.6 dollars in December 1999 to 0.28 dollars in October 2001 - see the amzn chart below. I believe the market can show minor signs of recovery by June 2023. Some analysts like Harry dent jr are predicting 2024 as the best time to buy. TIme will tell - the best thing to do as an investor is to wait till Q2 2023, by then, things will be a lot clearer than they are now.

Binancian:
fact
what many people dont know is that there is a season to cash in and a season to take a break. reason many of them chasing futures up and down have arrived village in buses long ago. after a bull season whales collect block and take a break, small fish jump in and get fried. 2017 bull run made millionaires - 2018 enthusiasts got roasted.. 2020 and 21 runs also made another set of rich people, 2022 addicts will lose the little they have left

PurestBoy:
They call it lampa-lampa, many of my friends don cross am and are doing very well now in Europe. The baddest one is small, this bros crossed this season with his wife and 3months old twin babies. Alaye is doing fine in Germany now with family. Those that don't have liver are still languishing in Jamaria (Libya)

baralatie:
Yes I know
Not an easy fit for women to remain hot at 50 to 60 years of age!

I think it is a genetic thing

baralatie:
Bianca ojukwu is 55 years old nah

KillSars:
Damn!

She is beaut mehn..
Happy birthday to her

joyandfaith:
Fulanisation agenda. They want to make nomadic fulani indigenes of southern and north central states. In the year 2095, indigenes would become minority in some places. Kaduna, jos north are examples. Russia did it in Ukraine- donbass and crimea.

CharleyBright:
My Sincere condolence on the lose of your wife.
May her soul rest in peace.

But what exactly is your purpose of bringing her death to public space?
Is it to show your love her?
Is it to win public sympathy?
Is it to tell the world you are free?

Would she have wanted the publicity?

Some private issues such as mourning a wife or husband should be kept in private space.
As grown ups we need to set boundaries between our private lives and public issues.
Enough said.

Once again my sincere condolence on your wife demise.

Kobojunkie:
I am not of the "indomie" generation as I am instead one of the ancients even here on Nairaland. I don't buy into your traditions, your marriage traditions included, as I prefer a commonsense approach that eliminates division, even in marriage, along gender lines. No matter how cheap you claim your bride prices to be, it doesn't eliminate the fact that it is widely considered a price paid in order to claim ownership over another human being and that is unacceptable, whichever way you choose to cut it.

Anyways, irrespective of how cheap you claim the bride price to be, marriage is not recognized as legally binding in Nigeria unless it is registered in the courts. As such, in this case, the man and woman save a lot by going to the courts straight. Should they at a later date decide to pay the bride price and eat kola, they can also do that too .

Kobojunkie:
I am simply stating that in this case, the man and woman should simply go for court marriage and forget bride price nonsense, save themselves the headache since once their marriage is registered in court, no tradition can deny it.

Marriage is an agreement between a man and a woman. So once a man and woman decide to get married, they are free to register their marriage agreement in the courts, irrespective of the opinions of family members..
In this case, I see no reason to waste money on traditional rites when a lesser cost and more common sense option exists and it is court marriage.

Originalsly:
When in Rome do as the Romans do... they have their laws and standards .... abide with them or face the consequences. I don't see why the US should have anything to say on the matter.... after all ... would the same human rights be allowed if a Saudi in the US decided to marry 3 wives? What if he's charged and sentenced for bigamy .... and the Saudi President rushes to the White House to condemn the charge claiming the man has the human right to marry more than one wife? Hypocrisy everywhere.

Maxymilliano:
Hmmm ... Many African countries are way much better in terms of human rights than Saudi Arabia.

emanobis:
Mr. Man it seems you have little or no problem is this Buhari Led APC government?
If the girl broke up wit you and left you, dt means she has lost it all in you.
It's even better she broke up than cheating on you.
Ogbeni...abeg move on with your life

Revolution2022:
So you will be cool with it if your girlfriend tells you she can date as many guys as she want since you have not paid her bride price?

edunaragold:
On the order hand , you have not pay bride price , so don't worry about anything, na who pay bride price we dey give advice

jericco1:
All these things are only common in Nigeria.
But I strongly disagree with number 6.
I never going for a job interview sometime 2019 and we were all given refreshments and it was a huge one. It is company policies and you trying to act meet doesn't add anything to your resume.

Just be cultured that is it.

OvaSabi1:
Low self esteem due to bad labor market policies. If you are traveling outside Nigeria, you will need to change your mindset against some of these attitudes to interviews. A job candidate who keeps to themselves and refuses to mix freely with the other candidates is seen as a red flag in developed labor markets.

If they offer you tea over there, you’re supposed to say, yes please thank you. You are allowed to have a quiet chat with the other candidates. This is old school interview tactics driven by scarcity mentality. Gen Z are changing the way things are done.

So you mean you would go to an interview with an eccentric tech cofounder and he will offer you tea and you will refuse it? It’s like you think that this one is a civil service or old Bank of the North interview. Abi you are confusing this with meeting your in laws.

Op should have added that if a prospective interviewee in developing shitholes like zoogeria is uncomfortable with accepting tea or coffee before the interview, he can refuse the tea offered and request for Water instead .